Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022)
Target Hospitality's (TH) quarterly Long-Term Deferred Tax came in at $8.4 million in Q2 2022, down 51.7% year-on-year from $17.3 million in Q2 2021, and down 40.22% on a QoQ basis from $14.0 million in Q1 2022.
Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022) Analysis & Trends
Target Hospitality (TH) has 5 years of Long-Term Deferred Tax data on file, last reported at $8.4 million in Q2 2022.
- On a quarterly basis, Long-Term Deferred Tax fell 51.7% year-over-year to $8.4 million in Q2 2022; TTM through Jun 2022 was $8.4 million, a 51.7% decrease from a year earlier, with the FY2021 full-year figure at $14.7 million, down 3.09% from the prior year.
- Long-Term Deferred Tax for Q2 2022 stood at $8.4 million, down from $14.0 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for TH reached as high as $17.3 million in Q2 2021 and fell as low as $6.4 million in Q4 2019.
- Historically, Long-Term Deferred Tax has averaged $12.2 million across 5 years, with a median of $12.4 million in 2018.
- Across the five-year window, Long-Term Deferred Tax slumped 55.23% in 2020 and jumped 161.34% in 2021, its largest moves.
- Year by year, Long-Term Deferred Tax stood at $12.4 million in 2018, then sank by 48.25% to $6.4 million in 2019, then soared by 136.18% to $15.2 million in 2020, then slipped by 3.09% to $14.7 million in 2021, then slumped by 43.17% to $8.4 million in 2022.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $8.4 million in Q2 2022, $14.0 million in Q1 2022, and $14.7 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn |
| 10 | Target Hospitality | 1.63 Bn | 1.63 Bn | 6.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 8.36 Mn |
| Mar 31, 2022 | 13.99 Mn |
| Dec 31, 2021 | 14.71 Mn |
| Sep 30, 2021 | 15.98 Mn |
| Jun 30, 2021 | 17.31 Mn |
| Mar 31, 2021 | 16.91 Mn |
| Dec 31, 2020 | 15.18 Mn |
| Sep 30, 2020 | 12.21 Mn |
| Jun 30, 2020 | 9.10 Mn |
| Mar 31, 2020 | 6.47 Mn |
| Dec 31, 2019 | 6.43 Mn |
| Sep 30, 2019 | 8.01 Mn |
| Jun 30, 2019 | 10.92 Mn |
| Mar 31, 2019 | 14.46 Mn |
| Dec 31, 2018 | 12.42 Mn |